Charles Hoskinson of the Cardano Foundation revealed two weeks ago that smart contracts are coming with the Alonzo Hard Fork on September 12th. After the launch of ADA on the Japanese crypto exchange platform Bitpoint, the third largest cryptocurrency consolidated between $2.5 and $2.9 by doing an intermediary wave 4 in the shape of a triangle. Price is now ready to propel itself to at least $4, if not slightly higher, in anticipation of the upcoming major blockchain update.